TESAGEVA: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TESAGEVA
Largest movements
- Tangible fixed assets -€8,478
down €8,478 (-5.5%), from €152,867 to €144,389
of which Land and buildings: -€8,478
- Other debts +€25,624
up €25,624 (+10.8%), from €237,450 to €263,075
- Profit (loss) carried forward -€21,954
down €21,954 (-14.7%), from -€148,901 to -€170,855
- Debts after one year -€11,485
down €11,485 (-34.6%), from €33,189 to €21,704
- Other operating charges -€11,004
down €11,004 (-75.8%), from €14,512 to €3,508
- Gross operating margin +€1,000
up €1,000 (+11.5%), from -€8,661 to -€7,661
- Financial charges -€575
down €575 (-20.0%), from €2,882 to €2,307
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,435 | €146,481 | -€6,955 | -4.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €152,867 | €144,389 | -€8,478 | -5.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €152,867 | €144,389 | -€8,478 | -5.5% |
| Land and buildings | 22 | €152,867 | €144,389 | -€8,478 | -5.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €568 | €2,092 | +€1,524 | +268.1% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €357 | €1,129 | +€773 | +216.6% |
| Deferred charges and accrued income | 490/1 | €212 | €963 | +€751 | +355.0% |
| Total equity and liabilities | 10/49 | €153,435 | €146,481 | -€6,955 | -4.5% |
| Equity | 10/15 | -€130,301 | -€152,255 | -€21,954 | -16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€148,901 | -€170,855 | -€21,954 | -14.7% |
| Amounts payable | 17/49 | €283,736 | €298,736 | +€15,000 | +5.3% |
| Amounts payable after more than one year | 17 | €33,189 | €21,704 | -€11,485 | -34.6% |
| Financial debts | 170/4 | €33,189 | €21,704 | -€11,485 | -34.6% |
| Amounts payable within one year | 42/48 | €250,547 | €277,032 | +€26,485 | +10.6% |
| Current portion of amounts payable after more than one year | 42 | €10,863 | €11,485 | +€622 | +5.7% |
| Trade debts | 44 | €1,699 | €1,937 | +€238 | +14.0% |
| Suppliers | 440/4 | €1,699 | €1,937 | +€238 | +14.0% |
| Taxes, remuneration and social security | 45 | €535 | €535 | = | 0.0% |
| Taxes | 450/3 | €535 | €535 | = | 0.0% |
| Other amounts payable | 47/48 | €237,450 | €263,075 | +€25,624 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,478 | €8,478 | = | 0.0% |
| Other operating charges | 640/8 | €14,512 | €3,508 | -€11,004 | -75.8% |
| Gross operating margin | 9900 | -€8,661 | -€7,661 | +€1,000 | +11.5% |
| Operating profit (loss) | 9901 | -€31,652 | -€19,648 | +€12,004 | +37.9% |
| Financial charges | 65/66B | €2,882 | €2,307 | -€575 | -20.0% |
| Recurring financial charges | 65 | €2,882 | €2,307 | -€575 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€34,534 | -€21,954 | +€12,580 | +36.4% |
| Profit (loss) for the period | 9904 | -€34,534 | -€21,954 | +€12,580 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,534 | -€21,954 | +€12,580 | +36.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.